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    Home > Chemicals Industry > China Chemical > Melamine market "Golden Nine" is full of color

    Melamine market "Golden Nine" is full of color

    • Last Update: 2021-09-30
    • Source: Internet
    • Author: User
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    This year's "Golden Nine" can be described as perfect for the melamine market, completely overwhelming the market last year


    "Although the downstream has strong resistance to high-priced raw materials, but the tight supply and other benefits continue, it is expected that there is still a small room for short-term melamine prices


    Supply continues to tighten

    Supply continues to tighten Supply continues to tighten

    Entering September, the domestic melamine market continued its upward trend, among which the northern market rose sharply, hitting new highs during the year


    "The important reason for this sharp increase is that Hebei, Shandong and Xinjiang have all melamine plants shut down for maintenance, the supply has been reduced, manufacturers are willing to increase, and prices continue to push up


    Looking at the market outlook, Xinjiang’s Yuxiang and Xinlianxin devices have been shut down for overhaul, Anhui Jinhe’s set of devices has an overhaul plan, and Henan Junhua’s device has a plan to resume production during the Mid-Autumn Festival


    In addition to the positive supply side, strong exports have also added a lot to the melamine "Golden Nine" market


    In addition, in the context of the reduction of India's anti-dumping duties on China's melamine, it is expected that melamine exports to the country will also show an upward trend in the later period, which will continue to benefit the market outlook


    Cost support is still

     Cost support is still cost support is still

      After entering September, the urea market, which is the raw material for melamine, continued to fluctuate upward, and the cost of melamine became stronger


      According to Zhang Yuming, manager of Geelyyuan Fertilizer Industry Co.


      “Overall, the price of melamine has increased more than the upstream raw materials, and manufacturers have made a lot of profits


      Looking at the market outlook, the news of the legal inspection of urea exports is raging, which has increased the variables in exports


      Demand limits the increase

    Demand limit increase demand limit increase

      Although both the supply and cost sides are favorable, factors such as poor cost transmission and difficulty in boosting terminal demand will weaken the upward momentum of the melamine market


      Ding Xiuna introduced that the downstream can hardly bear the cost pressure of high-priced melamine, and the operating rate has not improved much


      Facing the situation that domestic trade demand is still weak, domestic terminal manufacturers have a strong attitude of resistance to high-priced raw materials, and market transactions have been difficult to increase


      The performance of melamine downstream impregnation paper mills was acceptable


      "Although the sluggish demand makes it difficult for the melamine market to continue to rise sharply, for manufacturers, there is no pressure on sales.


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